IHG and L.C. Development Ltd (LC Dev) Group to Open the
240-key
InterContinental Phuket Rawai Beach Resort in Thailand in 2014

The Resort
will be a Redevelopment of the Former Evason Phuket and Bon Island

Singapore,
20 December 2012 – IHG
(InterContinental Hotels Group) [LON: IHG, NYSE:IHG (ADRs)], the
world’s largest hotel group by number of rooms, today announced the
signing of InterContinental Phuket Rawai Beach Resort, the first for
the brand in Phuket, with JTM (Thailand) Limited, a member company of
the L.C. Development Ltd (LC Dev) Group.

Designed by renowned and award-winning architect Bill Bensley, who also
designed IHG’s award-winning InterContinental Danang Sun Peninsula
Resort in Vietnam, the resort will be a redevelopment of the former
Evason Phuket and Bon Island. When completed, the resort will have
approximately 240 keys comprising both rooms and villas. It is
scheduled to open in 2014 and will become the flagship property for the
InterContinental brand in Thailand.

A 50-minute drive from Phuket International Airport and located on the
south-eastern Rawai beach, the resort will offer an extensive range of
facilities within its 180,000 square metres of landscaped tropical
gardens facing the Andaman Sea, fully catering to luxury travellers in
both the business and leisure segment. The property is also 30 minutes
from Phuket Town and 20 minutes from the popular nightlife area of
Patong Beach.

On behalf of LC Dev, Kelvin Lum, Managing Director said, “We have had a
great partnership with IHG for more than two decades and the signing of
the hotel management agreement for InterContinental Phuket Rawai Beach
Resort cements this relationship further. The resort, when operational,
will be our second hotel managed by IHG in Thailand after the Holiday
Inn Resort Phuket in Patong. With IHG’s established presence in
Thailand, we are confident that IHG is the ideal operator for this
unique hotel in Rawai, Phuket. We are excited about the possibilities
this latest collaboration brings and are looking forward to seeing our
first InterContinental come to life in Phuket.”

Added Jan Smits, Chief Executive Officer, IHG Asia, Middle East and
Africa, “Having already established our Holiday Inn brand in Phuket,
we’ve been looking for the right partner and right opportunity to add a
luxury resort offering to meet the demand on the island. "

“We are delighted that LC Dev has made this agreement with us and are
looking forward to the InterContinental Phuket Rawai Beach Resort in
2014.”

IHG currently has 14 hotels and resorts in Thailand with 3 in Phuket.
These include the Holiday Inn Resort Phuket, Holiday Inn Phuket Mai
Khao and the brand new Holiday Inn Express Patong Beach, which is set
to open this month. 9 more are in the pipeline for Thailand, including
hotel and resort properties for InterContinental, Hotel Indigo, Crowne
Plaza, Holiday Inn and Holiday Inn Express.

IHG franchises, leases, manages or owns over 4,500 hotels and more than
672,000 guest rooms in nearly 100 countries and territories. With more
than 1,000 hotels in its development pipeline, IHG expects to recruit
around 90,000 people into additional roles across its estate over the
next few years.

InterContinental Hotels Group PLC is the Group’s holding company and is
incorporated in Great Britain and registered in England and Wales.